The Capitalist Economy and its Prosthetics Necessity, Evolution and Dilemmas of a Brotherhood
Notwithstanding its ruthless dynamics, the capitalist economy has the flaw of deficient employment-generating spending. This leads to unemployment of non-owners, individual suffering, social unrest and it undermines military strength. To deal with these issues, states use prosthetic policies, artifi...
Main Author: | |
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Format: | eBook |
Language: | Inglés |
Published: |
Bielefeld :
transcript Verlag
[2024]
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Series: | Edition transcript ;
13 |
Subjects: | |
See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009818437506719 |
Summary: | Notwithstanding its ruthless dynamics, the capitalist economy has the flaw of deficient employment-generating spending. This leads to unemployment of non-owners, individual suffering, social unrest and it undermines military strength. To deal with these issues, states use prosthetic policies, artificial transfers to the productive economy and to non-owners. But the funding of such prosthetic policies - through violent wealth appropriation abroad, protectionism, war, domestic expropriation and taxation, debt and money creation - is caught in dilemmas, while politicians are caught between non-solutions. According to Gerhard H. Wächter, the history of capitalist society is largely the history of this dilemmatic brotherhood. |
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Physical Description: | 1 online resource (532 p.) |
ISBN: | 9783839472781 |